Sensex, Nifty end flat; RIL, Jio Fin drop 1% as 46th AGM lacks fireworks

CLOSING BELL ON AUG 28, 2023: Shares of Reliance Industries (down 1.4 per cent) and Jio Financial Services (down 0.97 per cent) ended as the top large-cap laggards amid profit booking

9:40 AM

Nifty IT index biggest loser today on profit booking

9:38 AM

Vodafone Idea slips after it defers OCD allotment to ATC

>> Vodafone Idea says Co & ATC have agreed to extend optionally convertible debenture (OCD) redemption period of from 6 months to 18 months.

9:36 AM

KRBL drops 3% as Centre imposes 20% export duty

>> The Centre imposed 20 per cent export duty on parboiled rice (rice partially boiled with husk).

9:35 AM

Zomato up 2% after over 3 crore shares change hands in block deal window

9:33 AM

Linde India gains over 2% as it bags LoA from SAIL

>> The industrial gases company has received a Letter of Acceptance from Steel Authority of India (SAIL) for installation of 1,000 tonnes per day cryogenic oxygen plant on construct, operate and maintain (COM) basis for 20 years from the date of commissioning of the plant and ancillary facilities, at SAIL's Rourkela plant.

 

9:31 AM

BEL bags orders worth Rs 3,289 crore during July and August 2023

 >> Navratna defence PSU Bharat Electronics has received new defence and non-defence orders worth Rs 3,289 crore during July and August 2023 (till date).

9:29 AM

IndoStar Capital sells part of its corporate loan book to Phoenix ARC for Rs 915 crore

>> IndoStar Capital Finance has decided to sell part of its corporate portfolio amounting to Rs 915 crore to Phoenix ARC. The company, backed by Brookfield and Everstone, says the exercise is in line with its focus on bolstering core retail lending operations.

9:28 AM

Brightcom Group CMD, CFO resign; stock hits 5% lower circuit

>> The Chairman and Managing Director Suresh Reddy and CFO Narayana Raju have resigned.

9:26 AM

L&T up 1% as co fixes record date for Rs 10,000-cr buyback

>>  The company has fixed the record date for Rs 10,000 crore share buyback as September 12.

 

9:25 AM

Reliance Industries in the red ahead of its Annual General Meeting

>> Shares of India's biggest company by market share will be in focus on Monday as billionaire Mukesh Ambani will host it's Annual General Meeting (AGM) at 2 PM today.

9:23 AM

Jio Financial Services gains 2% ahead of RIL's 46th AGM

>> Jio Fin shares would be on investors' radar today as they would await road map on the company's operations and growth plans at RIL's AGM.

 

>> That apart, Motilal Oswal Mutual Fund picked 0.58 per cent stake in the company via open market operations last Friday.

 

9:22 AM

Adani Enterprises gains 2% amid report that Sebi has found 'no lapses' in group's working

>> The Securities and Exchange Board of India (Sebi), tasked by the Supreme Court with probing whether Gautam Adani’s eponymous conglomerate violated securities laws, has not unearthed any major lapses. As a result, the Adani group is unlikely to face serious regulator action, Business Standard reported.

>> The Supreme Court is scheduled to hear the case on August 29.

9:20 AM

Sectoral trends :: IT, FMCG indices dip 0.03% each

9:19 AM

Sensex Heatmap :: 9 stocks start in the red; Nestle, HUL top laggards

9:17 AM

Opening Bell :: Sensex rises 100 pts in early deals